WICHITA, Kan. (AP) — Officials in Wichita are weighing a company’s plan to drill for oil 4,000 feet below the downtown Century II convention center.
The company, Trek AEC, is offering the prospect that the city could reap at least 15 percent of the royalties from any oil it drills. But The Wichita Eagle reports (http://bit.ly/1axsEgB ) that the project has prompted opposition from businesses and restaurants in the nearby Delano district — and dismay among prominent developers.
Some City Council members initially favored the plan, citing the possible revenue from royalties. But the council and the planning commission have put the brakes on approval in light of the opposition.
One concern is that the drilling could derail a proposed $24 million apartment development in downtown, which the city is seeking to revitalize.
Information from: The Wichita (Kan.) Eagle, http://www.kansas.com